Sunnybeam School of Mercer Island

Analysis

Sunnybeam School of Mercer Island is a registered charity in United States, based in Mercer Island, WA. It received its IRS tax-exemption ruling in March 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sunnybeam School of Mercer Island reported income of $339k and spending of $343k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $345k to $339k (-1.8%), an average of -0.5% a year. The sharpest change came in the year to June 2020, when income dropped by 50%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sunnybeam School of Mercer Island sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within WA. Charities of a similar size with the same main cause include Literacy Volunteers of America - Laclede Literacy Council ($338k), Shabbat House Project ($339k) and Homework Central ($338k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 72% of the total. Other salaries and wages came to $232k. At year end it held assets of $425k against liabilities of $942, net assets of $424k. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.